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Burckhardt Compression Holding AG (XSWX:BCHN) Momentum Rank : 10 (As of Apr. 27, 2024)


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What is Burckhardt Compression Holding AG Momentum Rank?

Burckhardt Compression Holding AG has the Momentum Rank of 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Burckhardt Compression Holding AG's Momentum Rank

For the Specialty Industrial Machinery subindustry, Burckhardt Compression Holding AG's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Burckhardt Compression Holding AG's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Burckhardt Compression Holding AG's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Burckhardt Compression Holding AG's Momentum Rank falls into.



Burckhardt Compression Holding AG Momentum Rank Related Terms

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Burckhardt Compression Holding AG (XSWX:BCHN) Business Description

Traded in Other Exchanges
Address
Franz-Burckhardt-Strasse 5, P.O. Box 3352, Winterthur, CHE, CH-8404
Burckhardt Compression Holding AG is a Switzerland-based company that manufactures and distributes reciprocating compressors. The company provides customized compressor systems for industries including upstream oil and gas, gas transport and storage, refinery, chemicals, and petrochemical and industrial gas. In addition, the company provides compressor components and related aftermarket services to help clients lower their reciprocating compressor systems' costs. The company has a global presence, with the majority of sales from Europe, Asia, Australia, the Middle East, and North America.

Burckhardt Compression Holding AG (XSWX:BCHN) Headlines

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